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20121003
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his health-care plan with $500 billion in cuts. how did it balloon to $700 billion? a simple explanation. the congressional budget office is in a new estimate based on a different and later 10-year time line. republicans decided to pick the biggest number possible. medicare -- spending is not being reduced. $700 billion -- that comes from the difference over 10 years between anticipated medicare spending, what is known as the baseline, and changes the law makes to reduce spending. the statement -- that is mostly come out of health care providers, not medicare beneficiaries. the medicare actuary has raised significant doubts as to whether any cuts would take place. they are actually a bit onerous. according to the medicare trustees' report, propose reductions in spending actual strength in the long-term health of the medicare program. in fact, house republicans adopted many of the same cuts in their own budget. a point that bill clinton made rather effectively in his speech to the democratic convention. they argue that they devote savings to reforming medicare, not funding new
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